£164,696
This estimated value is based upon the latest sale price for the house of £125,000 on 25 Nov 2016. This value is then adjusted by the current Official House Price Index for KENT 1
There has been one burglary within the last year on or near Sydney Road
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| Price Paid | Date |
|---|---|
| £125,000 | 25 Nov 2016 |
| £24,000 | 15 Apr 1996 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 sq feet |
This model uses changes in the Official Land Registry House Price Index for KENT to estimate the market value.
When this house was purchased in November 2016 the House Price Index for KENT was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £125,000 results in an estimated price of approximately £164,696.
| 25 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £125,000 | £39,696 | £164,696 |
The Postcode Pricing Model uses changes in average sales price within the ME4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -12.790 % | £-15,987 | £109,012 |
| 3 Month Average | -0.556 % | £-695 | £124,304 |
| 6 Month Average | 26.602 % | £33,253 | £158,253 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £197,455 | £194,000 | 18 ERNEST ROAD |
| 20 Feb 2023 | £190,272 | £190,400 | 26 SYDNEY ROAD |
| 24 Oct 2022 | £232,497 | £235,000 | 23 ERNEST ROAD |
| 1 Sep 2022 | £215,852 | £217,595 | HOMESIDE ALBERT ROAD |
| 17 Aug 2022 | £189,490 | £190,000 | 60 ALBERT ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 25 Jul 2015. Using an estimated price of £164,697 means this house is valued at £2,138 per sq meter (£198 per sq foot).
The average size of a house on ERNEST ROAD is 99 sq meters (1,069 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sydney Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sydney Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Sydney Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sydney Road |
| Feb 2024 | Drugs | Under investigation | On or near Sydney Road |